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falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll still be talking about the same thing we're talking about now. >> although i feel we'll be talking more debt ceiling, as well. >> and speaking of which, president obama is trying a last ditch effort to restart budget talks days before the u.s. goes over the fiscal cliff. speaker john boehner has called the house back into session sunday evening. house majority leader eric cantor is telling his members to be prepared to work through january 2nd. both sides are still far apart on taxes and spending cuts. harry reid says prospect deals by monday are unlikely. minority leader mitch mcconnell says there's still time for an agreement. >> republicans aren't like
falls off the fiscal cliff next week. >>> investors are bracing for the final eurozone bond sale of the year. italy will sell up to 6 billion later today. >> and the yen has been sent lower and stocks to their highest level in 21 months. >>> this is the final "worldwide exchange" from london of the year. louisa is here for it. >> i can't believe it. it's my last working day of the year, as well. >> is it? >> yes. >> unfortunately we'll...
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Dec 31, 2012
12/12
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parliament's year end review and negotiations following the fiscal cliff. >> tomorrow >> tomorrow and "washington journal" the fix the debt campaign, a ball by the teacher of special operations with linda robinson with the council on correlation -- foreign relations. >> next, bbc parliament's westminster review takes a look back at all the major reviews. the debates with the prime minister on the british economy and the european union budget. the british parliament is in recess for the holidays. members return on january 7th. >> hello there. and welcome to the west minister review. our look back at the big events in parliament over the last three months. coming up in this program, the chancellor delivers the latest bleak economic view? his budget. david cameron's bench urges him to stand up to europe. >> i support absolutely. >> the ugly specter of child abuse hits the deadlines with some dramatic consequences. lord justin levisohn delivers his plan on press standards. >> we should be wary of any legislation that has the potential to infringe free speech and a free press. >> the queen
parliament's year end review and negotiations following the fiscal cliff. >> tomorrow >> tomorrow and "washington journal" the fix the debt campaign, a ball by the teacher of special operations with linda robinson with the council on correlation -- foreign relations. >> next, bbc parliament's westminster review takes a look back at all the major reviews. the debates with the prime minister on the british economy and the european union budget. the british parliament...
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Dec 28, 2012
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the economy should be expanding to% or 3% next year without the fiscal cliff, that would correlate with about 2 million net new jobs next year. a it's a continuation of steady expansion. i wish it was a little faster expansion, but nonetheless it is an expansion. if we had a fiscal cliff, and we are reversing all the gains we have seen. host: what about mortgage deduction on a second home or vacation home or a certain limit to the size of a mortgage? would you be supportive of that? guest: we have to recognize that negotiating away from what has been a striking departure from just protecting the mortgage interest deduction, property ownership. any breach to that invites further breaches. our members, even though they recognize the deck is a need to be resolved, any breach will lead to further coming back, lowering the income limit. we have to recognize many of the second homes are in places like michigan, wisconsin, arkansas, where people are looking for a weekend fishing lodge. it's not the hamptons or very expensive homes in beverly hills. many homes are scattered in the midwest. host
the economy should be expanding to% or 3% next year without the fiscal cliff, that would correlate with about 2 million net new jobs next year. a it's a continuation of steady expansion. i wish it was a little faster expansion, but nonetheless it is an expansion. if we had a fiscal cliff, and we are reversing all the gains we have seen. host: what about mortgage deduction on a second home or vacation home or a certain limit to the size of a mortgage? would you be supportive of that? guest: we...
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Dec 30, 2012
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this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in my life, where i love, none of the people of bears for the island, but me living in san antonio tx or me living in concord or seattle for miami. you can make it directly relevant and interesting to cuba's lives. the more interest there will be. >> thank you so much to each of you for coming. i want to draw on a couple of things. as the education director with the power and passion of my generation wanting -- one of the things that i think is so critically missing is clear pathways to support the translation of informed inspiration and its desire to be p
this is not the fiscal cliff, but the climate cliff? getting politicians, authors, experts, so that the rest of america hears it. i really hope that this will be the next wave, talking about solutions. >> the good news is that there are already some wonderful things coming. if is a great series. it is coming out of showtime. they go interviewing people around the country and record any impact on the lives. i think that increasing the awareness, that this is an issue that happens to me in...
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Dec 27, 2012
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cliff and their plans for next year. then we will continue with the forecast for the coming years housing market. that is all about more discussion of the fiscal cliff negotiations as congress returns to washington. we will be joined by steve forbes. later, discussion on background checks, how they work, who gets them, and when they are required. our guest is matt bennett. "washington journal," live at 7:00 a.m. eastern on c-span. a cornell university law professor has written books on increasing stock prices. she spoke about what she described as the corporate world in the effort to maximize profits in the short term, but but greater the long-term value of any company. [applause] >> good evening, everyone, and welcome. professor lynn stout is a distinguished professor at the cornell university law school. our work focuses on the intersection of law, business, and morality -- her work focuses on the intersection of law, business, and morality. she has worked with many organizations around the world, including the clinton
cliff and their plans for next year. then we will continue with the forecast for the coming years housing market. that is all about more discussion of the fiscal cliff negotiations as congress returns to washington. we will be joined by steve forbes. later, discussion on background checks, how they work, who gets them, and when they are required. our guest is matt bennett. "washington journal," live at 7:00 a.m. eastern on c-span. a cornell university law professor has written books...
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Dec 24, 2012
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bet on mgm when the fiscal cliff looms next strike and this as well as all other stocks get hammered. craig in my home state of new jersey. craig? >> caller: how are you doing? >> what's going on, partner? >> caller: calling about expedia. the recent inquiry. how you feel about that? >> i feel really good about that. i follow this closely. expedia is a good partner of the inn that i own. i know how powerful they are. this consolidates them in europe. is it enough reason to buy expedia? i liked expedia beforehand. i like it even more now. shane in georgia. shane? >> caller: hey, jim. booyah from sunny, atlanta, georgia. merry christmas. >> same to you. i like the falcons here. i like them. i got julio. j.j. is on my team. he's done fabulous. i know he watches. thank you. go ahead. julio is a close fan of "mad money." >> caller: with the fiscal cliff looming and with today's pullback and available funds to be invested, las vegas sands is a fine sales to income growth in china, asia and nevada and with p & e of 26.9 in a buy recommendation reiterated today, is now the time to be on the l
bet on mgm when the fiscal cliff looms next strike and this as well as all other stocks get hammered. craig in my home state of new jersey. craig? >> caller: how are you doing? >> what's going on, partner? >> caller: calling about expedia. the recent inquiry. how you feel about that? >> i feel really good about that. i follow this closely. expedia is a good partner of the inn that i own. i know how powerful they are. this consolidates them in europe. is it enough reason...
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Dec 30, 2012
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all over again. >> gregg: molly henneberg, molly thanks. >> arthel: mixed messages on fiscal cliff, next today. republican senator lindsay graham expressing optimism on deal and president obama is calling out lawmakers for rejecting offers for last month. >> what do you think the chances of a small deal in the less 48 hours to avoid the cliff? >> exceedingly good. i think what have we accomplished, a political vick for the president. the president has stood his ground. he is going to get tax rate increases but upper income americans and sad news for the country we have accomplished very little of not becoming greece. this won't affect the debt situation. it will be a political victory for the president and i hope we'll have the courage of our convictions when it comes time to raise the debt ceiling to fight for what we believe in. but hats off to the president. >> we have been talking to the republicans since the election has been over. they have had trouble to say yes to a number of repeated offers. >> so what kind of deal if any can we expect before the clock runs out? joining us
all over again. >> gregg: molly henneberg, molly thanks. >> arthel: mixed messages on fiscal cliff, next today. republican senator lindsay graham expressing optimism on deal and president obama is calling out lawmakers for rejecting offers for last month. >> what do you think the chances of a small deal in the less 48 hours to avoid the cliff? >> exceedingly good. i think what have we accomplished, a political vick for the president. the president has stood his ground....
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Dec 31, 2012
12/12
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congress to reach an agreement in the next 48 hours to avoid the so-called fiscal cliff. it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare cuts next year. the big concern over falling off the fiscal cliff is it will send the u.s. back into a recession with, of course, global repercussions. it could be weeks before anyone feels the effects. and analysts say even without an agreement, politicians can reach other deals to soften the impact. >> u.s. president barack obama making a rare appearance on one of u.s. tv's agenda-setting sunday shows. he appealed to politicians of both parties not to let the u.s. go off the so-called fiscal cliff. the budget crisis, some kay -- say could tip the u.s. into recession dragging the rest of the world with it. >> over the next 48 hours
congress to reach an agreement in the next 48 hours to avoid the so-called fiscal cliff. it's a term used to describe the expiry of tax cuts dating back to 2001. if there is no deal, 88% of americans will end up paying $400 billion more in 2014. that will be coupled with more than a trillion dollars in automatic government spending cuts. according to the congressional budget office it will start with $200 billion in military and social welfare cuts next year. the big concern over falling off...
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Dec 26, 2012
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caller: what happens next as we go over the fiscal cliff, social security and everything is going to be cut. they are going to raise and put more people on welfare, food stamps because the country is not going to have jobs come back, no way. the taxes are too high. there try to tax the people too much. they keep saying the rich paying their fair share, the bridge for the only people who pay taxes. the sec, they pay state taxes and this tax, they sure do. but they get a refund of their income tax credits to pay the taxes. they do not pay any taxes. host: here is a tweet from thomas hnderson. matt coleman writes-- if you look at the money section of "usa today," you will find a piece that says -- we have baytown, texas with a democratic caller. what is your level of optimism these days? caller: imc in that -- it makes me doubt about going over the cliff. i was wondering why the congress does not want to work with the president to pass this thing? host: what are your thoughts? caller: i believe they're going to make a deal. i have been watching the news and everything like that, and i d
caller: what happens next as we go over the fiscal cliff, social security and everything is going to be cut. they are going to raise and put more people on welfare, food stamps because the country is not going to have jobs come back, no way. the taxes are too high. there try to tax the people too much. they keep saying the rich paying their fair share, the bridge for the only people who pay taxes. the sec, they pay state taxes and this tax, they sure do. but they get a refund of their income...
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Dec 30, 2012
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>> no, the fiscal cliff deal, and what might they be arriving at in the next day or so? >> well, here is what we are hearing. i will believe none of it until i see it. >> right. >> the rates will go up for high income people, and we don't know how high income, president obama wants $250,000 as the threshold, but republicans are pushing for more than $400,000, but it is splitting hairs at a certain point and especially now in the 11th hour or less than 30 hours away from the deadline. so we will see that, and we hope that they are going to put an amt patch in to protect the middle-class in from playing the wealth year for tax year 2012 yet, and we are totally running out of time on that one, and we have a bunch of tax extenders for businesses and individuals and they have expired and will they extend those? and the payroll tax will certainly expire and nobody is talking about that. the first pay xhek in jcheck in will be smaller regardless because of that. >> and you are so good at giving explanations for 99.8% of americans who are not accountants. but the amt patch will
>> no, the fiscal cliff deal, and what might they be arriving at in the next day or so? >> well, here is what we are hearing. i will believe none of it until i see it. >> right. >> the rates will go up for high income people, and we don't know how high income, president obama wants $250,000 as the threshold, but republicans are pushing for more than $400,000, but it is splitting hairs at a certain point and especially now in the 11th hour or less than 30 hours away from...
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Dec 30, 2012
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. >> tomorrow on washington journal, we will talk about the latest on the fiscal cliff with a columnist. that is followed by a look at president obama's cabinet for his second term. our guest is reporter david jackson. and then a look at what is next for iraq. we are joined by author michael gordon. live at 7:00 eastern on c- span. >> i started to get word in the summer and fall of 1774. the british out of roles and diplomats were reporting to the crown the colonists are sending ships everye
. >> tomorrow on washington journal, we will talk about the latest on the fiscal cliff with a columnist. that is followed by a look at president obama's cabinet for his second term. our guest is reporter david jackson. and then a look at what is next for iraq. we are joined by author michael gordon. live at 7:00 eastern on c- span. >> i started to get word in the summer and fall of 1774. the british out of roles and diplomats were reporting to the crown the colonists are sending...
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Dec 27, 2012
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host: do you think the debt ceiling should play into the fiscal cliff negotiations? guest: it looks like it is going to do so. i was surprised to hear the december 31 deadline. people are taking income this year in anticipation that rates may crop next year. whether it is december 31 or march 1, the clock is putting that in play. there are sensible things that can be done on the debt ceiling crisis. take social security trust funds and pay benefits for three years or more. the reserves are in junk, not marketable iou's to the treasury department. they should be turned into marketable bonds. it can sell the bonds and continue to make the benefit payments. should have been done in a long time ago. if a company had taken workers monies for pensions and spent the money. if you put that in a not marketable iou, you would be wearing big stripes today. that should be changed. host: we have a tweet from wah. guest: the answer is yes. we should focus on how we get this economy moving again. can reform this hideous tax code. i have been in favor of a simple flat tax. a family
host: do you think the debt ceiling should play into the fiscal cliff negotiations? guest: it looks like it is going to do so. i was surprised to hear the december 31 deadline. people are taking income this year in anticipation that rates may crop next year. whether it is december 31 or march 1, the clock is putting that in play. there are sensible things that can be done on the debt ceiling crisis. take social security trust funds and pay benefits for three years or more. the reserves are in...
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Dec 30, 2012
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madam president, as we confront the confluence of issues known as the fiscal cliff, we are at a moment of major significance and requires the application of principles that brooks describes. for the sake of the country, we must demonstrate to the american people that we are capable of making the big decisions by putting in place an agreement and a framework to avoid the fiscal cliff before we adjourn this year. madam president, we are surrounded by history perpetually here in the senate as well as throughout the capital. how could we not be inspired by its rise to this occasion? indeed, if you know history you understand very story of america's most formative days were defined by an understanding that effective governance required the building of consensus and that such consensus is achievable even after the exercise of passionate advocacy. in conclusion, this brings us back to the creation of the document we all cherish and revere -- the united states constitution. 225 years ago, 55 leaders from divergent geographic and biographical background converged in philadelphia to draft the ne
madam president, as we confront the confluence of issues known as the fiscal cliff, we are at a moment of major significance and requires the application of principles that brooks describes. for the sake of the country, we must demonstrate to the american people that we are capable of making the big decisions by putting in place an agreement and a framework to avoid the fiscal cliff before we adjourn this year. madam president, we are surrounded by history perpetually here in the senate as well...
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Dec 25, 2012
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cliff? >> oh, yeah, i would be. you know, i think it is remarkable that right after the election we get this thing that comes right up in our faces that basically outlines in bold relief the differences in the two ideas about how we go forward in this country. it is really excellent timing, and we may have to go over the cliff, if it is forced into it. but this idea that you bring down the cost of medicare by making it available to more people is a terrible idea of mr. boehner's. the idea -- i would be terribly upset, along with many of my friends, if obama compromised too much on what needs to happen that is called the fiscal cliff. >> do you think a prominent third-party would help our country? >> i felt strongly about that when i supported john anderson in 1979. he was -- a large part of anderson's campaign was to sue the state ballot procedure into allowing third parties to have more access to the electoral process. i would like to see a third party available, but that, too, seems like a
cliff? >> oh, yeah, i would be. you know, i think it is remarkable that right after the election we get this thing that comes right up in our faces that basically outlines in bold relief the differences in the two ideas about how we go forward in this country. it is really excellent timing, and we may have to go over the cliff, if it is forced into it. but this idea that you bring down the cost of medicare by making it available to more people is a terrible idea of mr. boehner's. the idea...
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Dec 31, 2012
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so we know what we're dealing with, and i think it affects us righ now in t fiscal cliff negotiations because we are not going to do anything unless it is bipartisan. we will not be able to pass anything in the house that doesn't have significant republican votes in the senate, and the democrats in the senate are not going to be able to support something that won't require some votes of democrats in the house. so we are together, maybe it's like a dysfunctional family, but we do have to work together because withoutipartisanship, nothing is going anywhere. therefore, i think you have to go back to negotiations01. which is that someone in a negotiation has to win some and lose some. the other party in a negotiation has to win some and lose some. the president is not going to get everything he wants. the republicans in the house and senate are not going to get everything we want. nor are the democrats in the house and senate. so we have areas where we can come together, and i've seen it. all of u we talking in the last couple of hours about how we have talked to our counterparts on the
so we know what we're dealing with, and i think it affects us righ now in t fiscal cliff negotiations because we are not going to do anything unless it is bipartisan. we will not be able to pass anything in the house that doesn't have significant republican votes in the senate, and the democrats in the senate are not going to be able to support something that won't require some votes of democrats in the house. so we are together, maybe it's like a dysfunctional family, but we do have to work...
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Dec 26, 2012
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to be in the cyclical stocks if you get a deal on the fiscal cliff. if not, then retail goes worse. we analyzed this last week and said there's big drag. >> so, doc, is the trade the prudent trade you have to take some money off the table in the retail space? the consumer, the data has shown to be good and then you get holiday numbers from master card that say we're only up .7%. >> i'll take any gains we can get. the fact that we're just about flat is a positive for me. obviously there's a pretty significant rotation and people are selling today in these retail names. you can see that because the volumes are pathetically low on the rest of the street. about 50% of normal activity so far to date whether it's options or stock or even futures. but this particular sector you look at the stocks, whether it's tiffany's, coach, or abercrombie & fitch, all of them are nearly trading full session volumes. they're certainly on track for that. it's the only sector in the market that is. there are other sectors that are moving, but you're not seeing any real doll
to be in the cyclical stocks if you get a deal on the fiscal cliff. if not, then retail goes worse. we analyzed this last week and said there's big drag. >> so, doc, is the trade the prudent trade you have to take some money off the table in the retail space? the consumer, the data has shown to be good and then you get holiday numbers from master card that say we're only up .7%. >> i'll take any gains we can get. the fact that we're just about flat is a positive for me. obviously...
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Dec 25, 2012
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advice on how to solve the fiscal cliff, i'm sure hed like to hear that. >> while you are writing your next song, i'd like to present you with your coffee mug. i think that will combo well with your songwriting and -- go well with your songwriting and guitar playing. it might give you some inspiration. >> thank you so much. [applause] >> thank you for coming today. i want to thank the national press club staff including the journalism broadcast center for organizing today's event. you can find more information at www. press.org. and i was wondering if you had one last song you'd like to sing us out on. [applause] >> can she borrow your stool? >> can she borrow your stool? this is my wife kim. and here is a song that we sing .o our twin boys about two years ago, we went in to sing them to sleep with this lullaby. we got the guitar and sat down on the side of the bed. played the opening chords. he said, you know, dad, we do not have to do this anymore. ♪ oh the sun is sinking now but the moon is rising so this old world must still be spinning round and i still love you but you close yo
advice on how to solve the fiscal cliff, i'm sure hed like to hear that. >> while you are writing your next song, i'd like to present you with your coffee mug. i think that will combo well with your songwriting and -- go well with your songwriting and guitar playing. it might give you some inspiration. >> thank you so much. [applause] >> thank you for coming today. i want to thank the national press club staff including the journalism broadcast center for organizing today's...
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Dec 31, 2012
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by thoughts on the fiscal cliff are, why don't we just let the bush tax cuts expired? host: on that point, where would you draw the line in terms of the middle class americans? the president said $250,000, but that threshold could now be $450,000. caller: i came from a pretty upper in the family. but i do not consider -- $60,000, $70,000 -- that is pushing at. $90,000? no, no. that is not middle-class. you are making more than triple what some of your average americans make in the year. host: ok. republican line. caller: thank you. i just want to respond to tom harkin's comments. the housing market is largely responsible for the mess we're in right now. they voted not to pay taxes on $100,000 worth of gains every two years and extended mortgages to people who never in the history of our country could have afforded a home, under the idea that everybody should be able to have a shot at the american dream. i really -- i am just upset. they hold out until the last day when they had all year to deal with these issues. now the passion and the i read attitudes of people are c
by thoughts on the fiscal cliff are, why don't we just let the bush tax cuts expired? host: on that point, where would you draw the line in terms of the middle class americans? the president said $250,000, but that threshold could now be $450,000. caller: i came from a pretty upper in the family. but i do not consider -- $60,000, $70,000 -- that is pushing at. $90,000? no, no. that is not middle-class. you are making more than triple what some of your average americans make in the year. host:...
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Dec 30, 2012
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the fiscal cliff, the taed line and what it means. we'll look ahead, we'll look back, our all-star panel on the big news that hasn't happened yet if preview of the big stories and trends for 2013. and then we will hit the highlight reel. my interviews with the most important, influential and interesting people of the past year. the wl journal report begins right now. >> this is america's number one financial news program, the "wall street journal" report. now, maria bartiromo. >> all that ahead, but first, here's fill griffith with the look at the stories making headlines this week. >> thanks, maria. here's what's making news as we are heading into a new week and new year on wall street. congress is working the weekend, attempting to avert some part of that $6 billion in automatic tax increases and the spending cuts that are set to kick in on january 1st. that fiscal cliff and its potential impact on our economy brought lawmakers from both houses to washington for last-minute negotiations. concerns about the cliff spooked investors, t
the fiscal cliff, the taed line and what it means. we'll look ahead, we'll look back, our all-star panel on the big news that hasn't happened yet if preview of the big stories and trends for 2013. and then we will hit the highlight reel. my interviews with the most important, influential and interesting people of the past year. the wl journal report begins right now. >> this is america's number one financial news program, the "wall street journal" report. now, maria bartiromo....
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Dec 24, 2012
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dennis: fiscal cliff worries got you down? maybe you should listen to our next guest. john brown is next. dagen: some of today's winners on this shortened trading session. they spoke. almost $27 a share. ♪ dennis: the blame for the fiscal cliff gridlock falls squarely on the side of both politicians from the democratic and republican side. john, what do you think? >> i think we can fix it. i do not think we will for a long time. both parties are to blame. i think president obama has been prepared to go over the cliff for a long time. he started the negotiations putting a lot of red lines down and demanding more. it is created by both the democrats and republicans. i think we will maybe get a small deal, but the really big can will be kicked down the road to further impoverished american citizens, working people, to finance big and ever intrusive government. the only answer, in my opinion, is to have strict term minutes for u.s. politicians. it used to be that politics was a vocation. now it has turned into a career. they are most interested in getting reelected so th
dennis: fiscal cliff worries got you down? maybe you should listen to our next guest. john brown is next. dagen: some of today's winners on this shortened trading session. they spoke. almost $27 a share. ♪ dennis: the blame for the fiscal cliff gridlock falls squarely on the side of both politicians from the democratic and republican side. john, what do you think? >> i think we can fix it. i do not think we will for a long time. both parties are to blame. i think president obama has...
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expenditures for the economy next year? >> i think there's few reasons why we will. one, global growth. china appears to be stabilizing and the rest of the emerging markets are glowing. more demand for export business. number two, korpgs are sitting on $1.5 trillion of cash. they have a lot of cash. they just need to know how to spend it based on overall tax policy. and number three, if you look at equipment and planted equipment in america today, the inventory is old and due foreinvestment a upgrades. there's a lot of pent up demand for domestic spending. >> there have been a few bright spots in our economy anyway. i think of housing which has been in recovery mode right now. does that continue in 2013 even if we do see this -- some sort of resolution of the fiscal cliff and what could do to paychecks and jobs in the economy? >> the offset is that people look at the value of their houses and start feeling better. one-third of household wealth is the value of their house and if they start seeing prices stabilize and appreci
expenditures for the economy next year? >> i think there's few reasons why we will. one, global growth. china appears to be stabilizing and the rest of the emerging markets are glowing. more demand for export business. number two, korpgs are sitting on $1.5 trillion of cash. they have a lot of cash. they just need to know how to spend it based on overall tax policy. and number three, if you look at equipment and planted equipment in america today, the inventory is old and due...
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david trainer says we are headed for a market rally next year no matter what happens with the fiscal cliff. and we will also be told what stocks he thinks are undervalued right now. let's start with larry. we're glad we picked up from the 150 point loss. i'm glad about that. looks like there won't be a santa claus rally this year. >> no, it doesn't look like it. we saw some pretty big down drafts today and earlier in the week. that's not what traders expect when we get into the last couple weeks of december. we usually have low volume rallies. we have done opposite. high volume drops in the market. today was a good example. recovered quite a bit but those points in the the chart have been made. the traders look at that and see the markets keep making lower lows and that makes them want to sell into the market and not buy it. shibani: david, i want to get your thoughts, you know, despite what's going on in and around the beltway, the gridlock that exists, you're still a believer in these markets. you believe in the markets forging ahead. tell me why you're so optimistic considering th
david trainer says we are headed for a market rally next year no matter what happens with the fiscal cliff. and we will also be told what stocks he thinks are undervalued right now. let's start with larry. we're glad we picked up from the 150 point loss. i'm glad about that. looks like there won't be a santa claus rally this year. >> no, it doesn't look like it. we saw some pretty big down drafts today and earlier in the week. that's not what traders expect when we get into the last...
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looks good. >> thank you carl. >> see you next time. >>> financials and the fiscal cliff. what is next for the big bank trade after a big run up in 2012? we have sanford bernstein's brad hintz to weigh in. first rick santelli always clean shaven is joining us next working on something for a little later on. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the cliff in recession, well, he doesn't believe him. he says there is a keynesian base. what does it mean? he too cynical? i don't know. tune in in about 11 minutes to find out. >>> financials and the fiscal cliff plus the looming february stress tests is the big bank runup of this year finally coming to a close? brad hintz is an equity research analyst and joins us from new york. good to see. good morning. >> thanks for having me. >> new year is going to be fascinating to watch. dodd frank implementation. let's just talk about the rules first. investors know these are coming and why are the stocks trading up in lig
looks good. >> thank you carl. >> see you next time. >>> financials and the fiscal cliff. what is next for the big bank trade after a big run up in 2012? we have sanford bernstein's brad hintz to weigh in. first rick santelli always clean shaven is joining us next working on something for a little later on. >> we have jeff carter. we're going to talk about the fiscal cliff but from a much more cynical perspective. he believes that the cbo's call, if we go over the...
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live for coverage of the fiscal cliff. myself and a cast of thousands with your latest as we count down toward the end of the year. "closing bell" coming up next. could be a big final hour of trading. bill griffith and an australian woman hosting the next hour. stay tuned anyway. >>> yeah. hang on, kids. here we go. welcome to "closing bell." i'm bill griffith. >> and i'm the australian woman. i'm mandy back at cnbc's world headquarters standing in for maria bartiromo. here we go, folks. stap yourself in. last trading hour for the whole year. the fiscal cliff, there may be a merge. we'll bring more on that. >> take a look at the charts. this tells the story in the last few minutes with mitch mcconnell on the floor saying that we are very, very close. we'll get more details from john harwood in a moment, but right now the markets are voting and they're giving thumbs up with the dow up 138 points. nasdaq up 2% right now. it's been strong all day. now at 3,020. and the s&p up 1.5%. >> look at those stocks go. president obama
live for coverage of the fiscal cliff. myself and a cast of thousands with your latest as we count down toward the end of the year. "closing bell" coming up next. could be a big final hour of trading. bill griffith and an australian woman hosting the next hour. stay tuned anyway. >>> yeah. hang on, kids. here we go. welcome to "closing bell." i'm bill griffith. >> and i'm the australian woman. i'm mandy back at cnbc's world headquarters standing in for maria...
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the result, find out next. >> bret: no grapevine. top story, fiscal cliff is going over it. the senate majority leader, not moved the bill to the senate floor yet. the house would only deal with whatever passed the senate. if it passed the senate at all. all indications are the house will not vote on any fiscal cliff legislation tonight. here is how the potential deal stacks up. they will be taxed at 39.6%. up from 35%. tax on capital gain and individuals for $400,000 for individuals would increase to 20%. from 15%. the alternative minimum tax is permanently indexed to inflation. it has been annual patch. that would be permanent. the plan extent the child tax red earned income tax credit. up to $2,500 tax credit for collision tuition. unemployment benefit are extented for one year. same for the medicare doc fix and the social security payroll tax cut. reverse to rate of 6.2%. those are the deals as they stand right now. although things are developing and they could change. those looking to europe for inspir ration and coming up with american tax rates that target the rich ma
the result, find out next. >> bret: no grapevine. top story, fiscal cliff is going over it. the senate majority leader, not moved the bill to the senate floor yet. the house would only deal with whatever passed the senate. if it passed the senate at all. all indications are the house will not vote on any fiscal cliff legislation tonight. here is how the potential deal stacks up. they will be taxed at 39.6%. up from 35%. tax on capital gain and individuals for $400,000 for individuals...
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so it really is up to the government to do better and to resolve this fiscal cliff. in terms of who the next fed chairman's going to be, we don't have a sense on that. we think bernanke has done a masterful job, and we really do like him in this position. >> david katz, thank you very much for your time. >> thanks a lot. >>> that wraps up this special boxing day edition of "worldwide exchange." i'm seema mody. >> i'm jackie deangelis. it was great to be here with you this morning. don't forget to tune in to cnbc.com every tuesday and thursday at 1:00 p.m. eastern for my show, "futures now." "squawk box" is up next. >> have a great morning. [ male announcer ] it's that time of year again. time for citi price rewind. because your daughter really wants that pink castle thing. and you really don't want to pay more than you have to. only citi price rewind automatically searches for the lowest price. and if it finds one, you get refunded the difference. just use your citi card and register your purchase online. have a super sparkly day! ok. [ male announcer ] now all you n
so it really is up to the government to do better and to resolve this fiscal cliff. in terms of who the next fed chairman's going to be, we don't have a sense on that. we think bernanke has done a masterful job, and we really do like him in this position. >> david katz, thank you very much for your time. >> thanks a lot. >>> that wraps up this special boxing day edition of "worldwide exchange." i'm seema mody. >> i'm jackie deangelis. it was great to be here...
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cliff kevin and i do know that the american president is due to make a statement in the next several hours from now saying that they could be they could be toward some sort of agreed sort of solution is that a realistic idea here the now president obama is going to pull back the country from the so-called fiscal cliff are you buying it. the fiscal cliff is just more theater from bankers and politicians trying to distract people from the underlying root catastrophe that is a bunch of wankers and franker who are manipulating the system day in and day out destroying the economy this fiscal cliff is just more drama more theater and it doesn't really focus on the true underlying problems and we're going to see more of this going forward in two thousand and thirteen anything to buy flecked attention from the mobs what they're pitchforks and torches there are coming after these people they want to just delay that day of reckoning for as many months as they can but days reckoning is twenty eight isn't comic is there anything to look forward to . what's that i could hear you this beautiful ev
cliff kevin and i do know that the american president is due to make a statement in the next several hours from now saying that they could be they could be toward some sort of agreed sort of solution is that a realistic idea here the now president obama is going to pull back the country from the so-called fiscal cliff are you buying it. the fiscal cliff is just more theater from bankers and politicians trying to distract people from the underlying root catastrophe that is a bunch of wankers and...
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[laughter] greg: don't send me off the fiscal cliff. heather: coming up next, milk. it could hurt your wallet after the first of the year if congress does not act fast. a little known law from the. it may having us pay double for milk after the new year. greg: an international outcry. just ahead, we will speak with ahead of the group leading the charge to free this man heather: he talks extreme weather alert for you now or are the death toll rising from a devastating winter storm system that is still slamming some parts with major snowfall. fifty people are now dead. with more than 1.5 feet of snow in parts of the northeast. a storm system that devastated the gulf coast community with rare winter tornadoes. it is expected to stop tomorrow, that is the good news. we are tracking the storm and we will bring you the latest live as it happens. greg: let's call it the milk fiscal cliff if congress doesn't take action before new year's day. the price of jury could more than doubled because of a law enacted way back in the 1940s. a reporter is live with the details. dominic
[laughter] greg: don't send me off the fiscal cliff. heather: coming up next, milk. it could hurt your wallet after the first of the year if congress does not act fast. a little known law from the. it may having us pay double for milk after the new year. greg: an international outcry. just ahead, we will speak with ahead of the group leading the charge to free this man heather: he talks extreme weather alert for you now or are the death toll rising from a devastating winter storm system that is...
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cliff all that stuff want to get you back on again soon have an awesome next year new year's eve and we'll talk to you soon publisher of the trends journal thank you. some of you like what you say so far go to our you tube channel i youtube dot com slash brag about that and drive check out our facebook page at facebook dot com plus ready to set your one about what i'm doing when i'm not on or follow me on twitter at abby martin so stay tuned to hear about the top news stories i think that mainstream media missed this past year or. download the official publication to your cell phone choose your language stream quality and enjoy your favorites from alzheimer's if you're away from your television well it just doesn't do so now with your mobile device you can watch on t.v. anytime anywhere. wealthy british style sun. that's not on the typewriter the free. market why not. come to find out what's really happening to the global economy with mike's concert for a no holds barred look at the global financial headlines tune into kinds a report. you know sometimes you see a story and it seems s
cliff all that stuff want to get you back on again soon have an awesome next year new year's eve and we'll talk to you soon publisher of the trends journal thank you. some of you like what you say so far go to our you tube channel i youtube dot com slash brag about that and drive check out our facebook page at facebook dot com plus ready to set your one about what i'm doing when i'm not on or follow me on twitter at abby martin so stay tuned to hear about the top news stories i think that...
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about the deal regarding the fiscal cliff. and consumers on everything from cell phones to tablets could become vulnerable to cyber-crime. mcafee has released its 2013 predictions report and expect to see a rapid level of cyber-threats in the coming year. michele is the privacy officer of mcafee. good morning. >> good morning to you. >> strikes me as we all go mobile, talk about opening a new doorway for thieves and criminals to enter, what does that mean for threats in the new year? >> it's really interesting. mobile is one of the places we're seeing a lot of new attacks. there's a couple deficit vectors for the attacks. the bump and steal attack. nfc, how you do mobile wallet. crooks are able to walk through crowds and literally bump into your phone and steal information from your phone. that's one of the attacks. the other thing is your telephone has turned into a powerful computing device and like you protect your pc and other devices, you need to think about protection on the phone itself from traditional hacking exploits
about the deal regarding the fiscal cliff. and consumers on everything from cell phones to tablets could become vulnerable to cyber-crime. mcafee has released its 2013 predictions report and expect to see a rapid level of cyber-threats in the coming year. michele is the privacy officer of mcafee. good morning. >> good morning to you. >> strikes me as we all go mobile, talk about opening a new doorway for thieves and criminals to enter, what does that mean for threats in the new...
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cliff all that stuff will have to get you back on again soon have an awesome next year new year's eve and we'll talk to you soon publisher of the trends journal thank you. so if you like what you see so far go to our you tube channel youtube dot com slash break in on that and drive check out our facebook page at facebook dot com plus breaking the set there one about what i'm doing when i'm not on air follow me on twitter at abby martin so stay tuned to hear about the top news stories i think the mainstream media missed this past year. if. it is easy to view it is easy to. see feel. such. claim. i am playing i've got a. player. playing. it'll be. a it. so guys you hear me talk about the corporate media on this show every single day i criticize the mainstream press because what they do is a disservice focus of what should be important to average human beings as substituted by ational ism censorship and lies twenty four hours a day seven days a week and now that we're literally days away from two thousand and thirteen it's important look back to some of the most under reported or censore
cliff all that stuff will have to get you back on again soon have an awesome next year new year's eve and we'll talk to you soon publisher of the trends journal thank you. so if you like what you see so far go to our you tube channel youtube dot com slash break in on that and drive check out our facebook page at facebook dot com plus breaking the set there one about what i'm doing when i'm not on air follow me on twitter at abby martin so stay tuned to hear about the top news stories i think...
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but the fiscal cliff mess could get in the way. how much could eexpect in 2013 with a deal or without a deal. well, i guess i can double check... my watch! [ male announcer ] it pays to double check, with state farm. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0% apr financing for 60 months plus $1,000 holiday bonus cash. plus trade up for an additional $1,000 trade-in allowance. >>> welcome back to "your money," we welcome our viewers here in the united states and around the world. breaking news on the fiscal cliff. there's been a significant snag in the negotiations with just fewer than two days remaining to go. about 36 hours remaining on the countdown clock. dana bash is on capitol hill with latest. dana, what have you got? >> this kbifs you a good sense of where things stand. they're at a stands
but the fiscal cliff mess could get in the way. how much could eexpect in 2013 with a deal or without a deal. well, i guess i can double check... my watch! [ male announcer ] it pays to double check, with state farm. so, the 5.3-liter v8 silverado can tow up to 9,600 pounds? 315 horsepower. what's that in reindeer-power? [ laughs ] [ pencil scratches ] [ male announcer ] chevy's giving more. now through january 2nd, no monthly payments until spring for qualified buyers. get the silverado for 0%...
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cliff all that stuff will have to get you back on again soon have an awesome next year new year's eve and we'll talk to you soon jailed sunday publisher of the trans journal i think. some of you like what you see so far go to our you tube channel i youtube dot com. well. this month high tech means good help whether it be the latest laser cutters or lifesaving heartfelt russian innovators are working hard to keep you healthy for some companies it's been a winding road from car simulators to cutting edge streaming systems for others it's been a lifetime the work of locking the mysteries of the skull chikatilo on technology we've got the future. please please. please. please. cut cut cut. cut cut cut . so guys you hear me talk about the corporate media on this show every single day i criticize the mainstream press because what they do is a service for focus of what should be important to average human beings as substituted by ational isn't censorship and lies twenty four hours a day seven days a week and now that we're literally days away from two thousand and thirteen it's important loo
cliff all that stuff will have to get you back on again soon have an awesome next year new year's eve and we'll talk to you soon jailed sunday publisher of the trans journal i think. some of you like what you see so far go to our you tube channel i youtube dot com. well. this month high tech means good help whether it be the latest laser cutters or lifesaving heartfelt russian innovators are working hard to keep you healthy for some companies it's been a winding road from car simulators to...
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cliff all that stuff will have to get you back on again soon have an awesome next year new year's eve and we'll talk to you soon publisher of the trends journal thank you. some of you like what you say so far go to or you can channel i youtube dot com slash break in on that and scribe check out our facebook page at facebook dot com bust ready to set your one about what i'm doing when i'm not on or follow me on twitter at abby martin so stay tuned to hear about the top news stories i think the mainstream media missed this past year. the been issued free cretaceous free in-store charges free arrangement free risk free. types free. download free broadcast quality video for your media projects a free media dog our teeth on tom. you know sometimes you see a story and it seems so for like sleep you think you understand it and then you glimpse something else and you hear or see some other part of it and realize everything you thought you knew you don't know i'm tom harvey welcome to the big picture. so if you hear me talk about the corporate media on this show every single day i criticize th
cliff all that stuff will have to get you back on again soon have an awesome next year new year's eve and we'll talk to you soon publisher of the trends journal thank you. some of you like what you say so far go to or you can channel i youtube dot com slash break in on that and scribe check out our facebook page at facebook dot com bust ready to set your one about what i'm doing when i'm not on or follow me on twitter at abby martin so stay tuned to hear about the top news stories i think the...
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one of our next guests says should we go over the fiscal cliff, someone else on wall street says the cliff will not be a doomsday event. we'll get them to make their case coming up. >> and also later on. facebook making an about face on using user photos for advertising. >> and winter storm euclid is pummeling the east coast. the latest storm and storm track coming up in the next hour of the program. you're watching cnbc, first in business worldwide. plus, in-branch seminars at over 500 locations, where our dedicated support teams help you know more so your money can do more. [ rodger ] at scottrade, seven dollar trades are just the start. our teams have the information you want when you need it. it's another reason more investors are saying... [ all ] i'm with scottrade. you won't take our future. aids affects us all. even babies. chevron is working to stop mother-to-child transmission. our employees and their families are part of the fight. and we're winning. at chevron nigeria, we haven't had a reported case in 12 years. aids is strong. aids is strong. but we are stronger. and aid
one of our next guests says should we go over the fiscal cliff, someone else on wall street says the cliff will not be a doomsday event. we'll get them to make their case coming up. >> and also later on. facebook making an about face on using user photos for advertising. >> and winter storm euclid is pummeling the east coast. the latest storm and storm track coming up in the next hour of the program. you're watching cnbc, first in business worldwide. plus, in-branch seminars at over...
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but can any progress be made on the fiscal cliff? doubt it, but we'll see next. >>> welcome back to "worldwide exchange." i'm kelly evans. ross westgate is away. these are your headlines from around the world. president obama and congress return to work today with little progress seen on the deal to avoid the fiscal cliff while the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new japanese government vows to battle deflation and weaken the currency. export stocks rise pushing the nikkei towards it's strongest gain in seven years. and toyota moves higher after the car dealer settles a class action lawsuit. analysts say the $1 billion payment is already priced in. >> it was a pretty quiet trading session in the u.s. yesterday. retail stocks were one of the market's worst performers. we were just discussing the outlook for holiday sales coming in weaker than first expect. today, trying to cover some of those losses. similar small gains seen fo
but can any progress be made on the fiscal cliff? doubt it, but we'll see next. >>> welcome back to "worldwide exchange." i'm kelly evans. ross westgate is away. these are your headlines from around the world. president obama and congress return to work today with little progress seen on the deal to avoid the fiscal cliff while the government starts taking steps to buy more time before the u.s. hits the debt ceiling. the yen hits a two-year low against the dollar as the new...
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and can lawmakers prevent an economic crisis by agreeing on a fiscal cliff deal? darren gersh reports. >> reporter: here is a measure of how bad things are now in washington. markets rallied on news the house will come back to work on sunday, even though there is no solution ready for lawmakers when they return. and in the senate, which is back at work, republican leader mitch mcconnell warned he would not write a blank check to the white house, though he said he would keep an open mind on anything the president proposes. >> it appears to me the action, if there is any, is now in the senate side and we'll just have to see if we're able, on a bipartisan basis to move forward. >> reporter: senate majority leader harry reid said he too would try to reach agreement. but that was after spending most of the day hammering away at house republicans. reid blamed the current stand off on the inability of house republicans to pass their own plan which would have extended tax breaks for everyone making less than a million dollars a year. >> it's the mother of all debacles. th
and can lawmakers prevent an economic crisis by agreeing on a fiscal cliff deal? darren gersh reports. >> reporter: here is a measure of how bad things are now in washington. markets rallied on news the house will come back to work on sunday, even though there is no solution ready for lawmakers when they return. and in the senate, which is back at work, republican leader mitch mcconnell warned he would not write a blank check to the white house, though he said he would keep an open mind...
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five days left until we dive over the fiscal cliff, is there any chance washington will settle on a deal? my next guest says deal or no deal, the stocks will be stuck in neutral for the next two years. oh, dear. joining us, chief investment officer of security for lou. joining us by phone. two years we will be bumbling along. whether we hit a deal or not. what makes you say that? >> it is about several things. global growth slowing, debt levels and developed economies are high. starting the next area in the government sectors. tax rates are going up, so when you combine those things together, to makes for potential recessionary conditions. we have had markets bubbling across the world in the last three and a half years, time to take a breather in my opinion. ashley: you see us and they won't get past the september highs. you truly believe that? >> i do. you go back to what the market will do, the recessionary conditions for the present and the market tends to go down, not up. we look at the recession going into one, around nine months on average, the market tends to decline over 15 to 18
five days left until we dive over the fiscal cliff, is there any chance washington will settle on a deal? my next guest says deal or no deal, the stocks will be stuck in neutral for the next two years. oh, dear. joining us, chief investment officer of security for lou. joining us by phone. two years we will be bumbling along. whether we hit a deal or not. what makes you say that? >> it is about several things. global growth slowing, debt levels and developed economies are high. starting...
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cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and he's the guy next to kind reporting right while i while congress has trouble sorting out a deal to prevent americans slipping into a tax black hole some agreements just seem to breeze on through and china mcgrath from a wide awake news explains. look at the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political prostitutes that will go before a camera and say that anything that they have to say is you keep this massive government rolling and you can make social interest influence a washington d.c. whore that when the cameras are on you know they're on the red team they're going out there saying it's the welfare folks as well that's the people on food stamps or the people in extended unemployment benefits if they're on the blue team they're coming out and trying to get their base fired up that it's all about their corporate interests and that this is
cliff which some call a product of u.s. lawmakers imagination could become a self-fulfilling prophecy and he's the guy next to kind reporting right while i while congress has trouble sorting out a deal to prevent americans slipping into a tax black hole some agreements just seem to breeze on through and china mcgrath from a wide awake news explains. look at the united states of america this is where we govern by crisis we don't have representatives in washington d.c. we have political...
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. >>> howard dean has been on our show many times and he says he wants to go over the fiscal cliff. the former dnc is here and he's going to join us next and tell us what he sees in the situation as it stands. and having an invt like northern trust by your side makes all the difference. we add precision to your portfolio construction by directly matching your assets and your risk preferences against your own unique life goals. we call it goals driven investing. after all, you don't climb a mountain just to sit at the top. you look around for other mountains to climb. ♪ expertise matters. find it at northern trust. >>> there are elements of a deal in the works right now, but we know we will be going over the cliff tonight at least technically. some of the gop think remarks from the president earlier today made a deal harder to reach. listen. >> if republicans think that i will finish the job of deficit reduction through spending cuts alone without asking also equivalent sacrifice from millionaires or companies with a lot of lobbyists, et cetera, if they think that's going to be the
. >>> howard dean has been on our show many times and he says he wants to go over the fiscal cliff. the former dnc is here and he's going to join us next and tell us what he sees in the situation as it stands. and having an invt like northern trust by your side makes all the difference. we add precision to your portfolio construction by directly matching your assets and your risk preferences against your own unique life goals. we call it goals driven investing. after all, you don't...
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cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legislating. he wants the senate to take up a bill that the house has already passed to extend all rates and either take it up in whole or amend it. amending it, and changing that threshold down to closer to what president obama wants. a quarter million as a threshold. that seems more likely. we'll watch this meeting. we don't know what will happen, that's the truth much and we'll watch to see what will come out of it. does it seem like perhaps there is a spirit of compromise? or do they come out very far apart. an indication that it will be read as an indication we may go over t
cliff. let's listen to harry reid. >> we are here in washington working while members of the house of representatives are out watching movies and watching their kids play soccer and basketball and doing all kinds of things. they should be here. >> now, the speaker of the house, john boehner, sort of retorting to reid, ali. in a conference call he said the leaders should do more -- or pardon me. less talking and more legislating. he wants the senate to take up a bill that the house...
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Jan 1, 2013
01/13
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does he see the fiscal cliff afwremt getting through the house? and we leave you with london's new year's celebration. there it is. you're watching starting point. happy new year. [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ] some people had changes in behavior, thinking or mood, hostility, agitation, depressed mood and suicidal thoughts or actions while taking or after stopping chantix. if you notice any of these stop taking chantix and call your doctor right away. tell your doctor about any history of depression or other mental health problems, which could get worse while taking chantix. don't take chantix if you've had a serious allergic or skin reaction to it. if you develop these stop taking chantix and see your doctor right away as some can be life-threatening. if you have
does he see the fiscal cliff afwremt getting through the house? and we leave you with london's new year's celebration. there it is. you're watching starting point. happy new year. [ lisa ] my name's lisa, and chantix helped me quit. i honestly loved smoking, and i honestly didn't think i would ever quit. [ male announcer ] along with support, chantix is proven to help people quit smoking. it reduces the urge to smoke. it put me at ease that you could smoke on the first week. [ male announcer ]...
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Dec 29, 2012
12/12
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fiscal cliff talks at the white house end with no deal, but president obama says he's still hopeful and says "we've got to get this done." gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly optimistic" a fiscal deal can be reached in time. he said he's instructed senator harry reid and senator mitch mcconnell to come up with a plan that can pass in congress. his brief comments a short while ago came after a whit
fiscal cliff talks at the white house end with no deal, but president obama says he's still hopeful and says "we've got to get this done." gold prices pulled back today on worries about the fiscal cliff, will the metal shine in 2013? then cuba, tonight's "market monitor" sees big opportunity on the tiny island when the embargo's lifted. thomas herzfeld, of thomas herzfled advisors joins us. that and more tonight on "n.b.r."! president obama says he's "modestly...
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also eleventh hour deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. allowed kevin i would hear this new year's day thanks for joining us our top story than twenty thirteen has made it in or around the globe with the array of fireworks performances and cheering crowds we've come to expect let's take a look at where the world's been partying should we use eland was among the first to assure in twenty thirty crowds packed the harbor in oakland to enjoy the fireworks exploding over the city sky. then a stray joy the festivities shortly afterwards with almost two million people gathered to see the now standard jaw dropping fireworks in harbor bridge as the clock struck midnight. continue to triumph and march through asia with one of the most spectacular shows on value in hong kong in fact were a countdown to twenty thirteen culminated in a like to extravaganza on the land and in the sky one of the biggest displays they were ever put on in fact your of then picked up the holiday toss this berlin hosting
also eleventh hour deal looks set to pull america from the edge of the fiscal cliff and the tax hikes for millions of americans for the time being at least. allowed kevin i would hear this new year's day thanks for joining us our top story than twenty thirteen has made it in or around the globe with the array of fireworks performances and cheering crowds we've come to expect let's take a look at where the world's been partying should we use eland was among the first to assure in twenty thirty...
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Dec 24, 2012
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this morning, in 90 seconds with the fiscal cliff coming, is a carbon tax also on the way? you thought it was gone, not so. that's next. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro. yes, you could. go national. go like a pro. >> well, we've already talked a lot the about it this morning. president obama can't raise enough money through his tax plans to cover all the spending. that means he could resume other ways for the revenue to come in. will a carbon tax be among them? joining us now from the american action forum, sam, we know the president wants this thing. he tried desperately, even with democrats holding both houses of congress, however, he couldn't get it. will he try to pursue it in his first year of the second term? >> well, there's certainly a lot of
this morning, in 90 seconds with the fiscal cliff coming, is a carbon tax also on the way? you thought it was gone, not so. that's next. [ male announcer ] you are a business pro. omnipotent of opportunity. you know how to mix business... with business. and you...rent from national. because only national lets you choose any car in the aisle. and go. you can even take a full-size or above. and still pay the mid-size price. i could get used to this. [ male announcer ] yes, you could business pro....
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Jan 1, 2013
01/13
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cliff in the next few hours. stand by. we're watching. also ahead, a dangerous blood clot between her brain and her skull. what will it mean for hillary clinton's future politically and personally? we're taking a closer look. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us. everything, plus a profit of more than $22 billion. for the american people. thank you, america. helping people recover and rebuild -- that's what we do. now let's bring on tomorrow. [ male announcer ] the way it moves. the way it cleans. everything about the oral-b power brush is simply revolutionary. oral-b power brushes oscillate, rotate and even pulsate to gently loosen and break up that sticky plaque with more brush movements than manual brushes and even up to 50% more than leading sonic technology brushes for a superior clean.
cliff in the next few hours. stand by. we're watching. also ahead, a dangerous blood clot between her brain and her skull. what will it mean for hillary clinton's future politically and personally? we're taking a closer look. woman: we're helping joplin, missouri, come back from a devastating tornado. man: and now we're helping the east coast recover from hurricane sandy. we're a leading global insurance company, based right here in america. we've repaid every dollar america lent us....